Yes Venus has 30% of the Younami JV.
So VMC have 30% of Grace with lots of drilling underway.
Grace is much more extensive than we previously thought which means that a bigger resource estimate will be forthcoming.
The timing is for a JORC this year, according to Rox MD Alex Passmore.
When it comes to the Venus JV VMC and RXL are equal partners.
A strike at Penny West Deep South (6 compelling targets) or Sovereign or Pincher will provide equal benefits to Rox and Venus.
Drilling results for these projects are imminent.
Meanwhile Venus is valued at just $36m and Rox at $126m
Rox is worth every cent of its market cap and more making Venus very undervalued.
Ann: RXL:New exceptionally high gold grades extend Grace Prospect, page-5
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Last
11.0¢ |
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-0.010(8.33%) |
Mkt cap ! $21.57M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $22.65K | 205.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 181818 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 66638 | 3 |
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| Last trade - 14.08pm 18/07/2025 (20 minute delay) ? |
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